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Side-by-side financial comparison of Intellicheck, Inc. (IDN) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

MIND TECHNOLOGY, INC is the larger business by last-quarter revenue ($9.7M vs $6.6M, roughly 1.5× Intellicheck, Inc.). Intellicheck, Inc. runs the higher net margin — 23.4% vs 0.6%, a 22.8% gap on every dollar of revenue. On growth, Intellicheck, Inc. posted the faster year-over-year revenue change (11.8% vs -20.0%). Intellicheck, Inc. produced more free cash flow last quarter ($2.4M vs $801.0K). Over the past eight quarters, Intellicheck, Inc.'s revenue compounded faster (19.1% CAGR vs -14.9%).

Intellicheck, Inc. is a US-based technology company specializing in identity verification and fraud prevention solutions. It develops AI-powered tools to validate government-issued identification documents, streamline customer onboarding, and mitigate identity theft risks for clients across finance, retail, healthcare and public sector segments.

Mitcham Industries, Inc. is a company founded in 1987, and is based in Huntsville, Texas. The company markets geophysical and other equipment to seismic data acquisition contractors conducting surveys on land, marsh, and marine areas, both shallow and deep water. There are mainly two segments operating in the company, namely an Equipment Leasing segment and an Equipment Manufacturing segment. In October 2011, the Company opened a new logistics and repair facility in Budapest, Hungary, and thr...

IDN vs MIND — Head-to-Head

Bigger by revenue
MIND
MIND
1.5× larger
MIND
$9.7M
$6.6M
IDN
Growing faster (revenue YoY)
IDN
IDN
+31.7% gap
IDN
11.8%
-20.0%
MIND
Higher net margin
IDN
IDN
22.8% more per $
IDN
23.4%
0.6%
MIND
More free cash flow
IDN
IDN
$1.6M more FCF
IDN
$2.4M
$801.0K
MIND
Faster 2-yr revenue CAGR
IDN
IDN
Annualised
IDN
19.1%
-14.9%
MIND

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IDN
IDN
MIND
MIND
Revenue
$6.6M
$9.7M
Net Profit
$1.6M
$62.0K
Gross Margin
91.4%
46.6%
Operating Margin
22.5%
8.0%
Net Margin
23.4%
0.6%
Revenue YoY
11.8%
-20.0%
Net Profit YoY
218.0%
-95.2%
EPS (diluted)
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IDN
IDN
MIND
MIND
Q4 25
$6.6M
$9.7M
Q3 25
$6.0M
$13.6M
Q2 25
$5.1M
$7.9M
Q1 25
$4.9M
$15.0M
Q4 24
$5.9M
$12.1M
Q3 24
$4.7M
$10.0M
Q2 24
$4.7M
$9.7M
Q1 24
$4.7M
$13.4M
Net Profit
IDN
IDN
MIND
MIND
Q4 25
$1.6M
$62.0K
Q3 25
$290.0K
$1.9M
Q2 25
$-251.0K
$-970.0K
Q1 25
$-318.0K
$2.0M
Q4 24
$488.0K
$1.3M
Q3 24
$-837.0K
$798.0K
Q2 24
$-127.0K
$954.0K
Q1 24
$-442.0K
$1.4M
Gross Margin
IDN
IDN
MIND
MIND
Q4 25
91.4%
46.6%
Q3 25
90.5%
50.4%
Q2 25
89.8%
42.2%
Q1 25
89.7%
43.5%
Q4 24
91.1%
44.8%
Q3 24
91.0%
47.6%
Q2 24
90.5%
43.6%
Q1 24
90.7%
46.7%
Operating Margin
IDN
IDN
MIND
MIND
Q4 25
22.5%
8.0%
Q3 25
4.0%
19.6%
Q2 25
-5.8%
-8.3%
Q1 25
-7.1%
18.5%
Q4 24
8.1%
15.5%
Q3 24
-19.3%
14.2%
Q2 24
-4.6%
7.5%
Q1 24
-11.2%
17.3%
Net Margin
IDN
IDN
MIND
MIND
Q4 25
23.4%
0.6%
Q3 25
4.8%
14.2%
Q2 25
-4.9%
-12.3%
Q1 25
-6.5%
13.5%
Q4 24
8.2%
10.7%
Q3 24
-17.8%
8.0%
Q2 24
-2.7%
9.9%
Q1 24
-9.4%
10.8%
EPS (diluted)
IDN
IDN
MIND
MIND
Q4 25
$0.08
Q3 25
$0.01
Q2 25
$-0.01
Q1 25
$-0.02
Q4 24
$0.02
Q3 24
$-0.04
Q2 24
$-0.01
Q1 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IDN
IDN
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$9.7M
$19.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$20.7M
$39.9M
Total Assets
$24.5M
$47.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDN
IDN
MIND
MIND
Q4 25
$9.7M
$19.4M
Q3 25
$7.2M
$7.8M
Q2 25
$8.6M
$9.2M
Q1 25
$5.1M
$5.3M
Q4 24
$4.7M
$3.5M
Q3 24
$5.7M
$1.9M
Q2 24
$7.3M
$924.0K
Q1 24
$9.2M
$5.3M
Stockholders' Equity
IDN
IDN
MIND
MIND
Q4 25
$20.7M
$39.9M
Q3 25
$18.9M
$28.8M
Q2 25
$18.0M
$26.6M
Q1 25
$17.6M
$27.3M
Q4 24
$17.7M
$25.2M
Q3 24
$16.7M
$24.5M
Q2 24
$17.3M
$23.6M
Q1 24
$17.2M
$22.6M
Total Assets
IDN
IDN
MIND
MIND
Q4 25
$24.5M
$47.3M
Q3 25
$25.3M
$35.8M
Q2 25
$23.1M
$36.2M
Q1 25
$24.6M
$36.7M
Q4 24
$20.9M
$36.1M
Q3 24
$20.7M
$37.8M
Q2 24
$21.9M
$34.9M
Q1 24
$22.6M
$33.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IDN
IDN
MIND
MIND
Operating Cash FlowLast quarter
$2.4M
$894.0K
Free Cash FlowOCF − Capex
$2.4M
$801.0K
FCF MarginFCF / Revenue
36.0%
8.3%
Capex IntensityCapex / Revenue
0.1%
1.0%
Cash ConversionOCF / Net Profit
1.54×
14.42×
TTM Free Cash FlowTrailing 4 quarters
$4.5M
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDN
IDN
MIND
MIND
Q4 25
$2.4M
$894.0K
Q3 25
$-1.7M
$-1.2M
Q2 25
$3.1M
$4.1M
Q1 25
$750.0K
$2.1M
Q4 24
$-1.3M
$2.3M
Q3 24
$-1.1M
$1.1M
Q2 24
$-1.2M
$-4.8M
Q1 24
$869.0K
$657.0K
Free Cash Flow
IDN
IDN
MIND
MIND
Q4 25
$2.4M
$801.0K
Q3 25
$-1.8M
$-1.3M
Q2 25
$3.1M
$3.8M
Q1 25
$741.0K
$1.8M
Q4 24
$-1.3M
$2.2M
Q3 24
$-1.1M
$978.0K
Q2 24
$-1.2M
$-4.8M
Q1 24
$860.0K
$566.0K
FCF Margin
IDN
IDN
MIND
MIND
Q4 25
36.0%
8.3%
Q3 25
-29.2%
-9.9%
Q2 25
60.9%
48.5%
Q1 25
15.1%
12.2%
Q4 24
-22.4%
18.3%
Q3 24
-23.1%
9.7%
Q2 24
-25.5%
-49.8%
Q1 24
18.4%
4.2%
Capex Intensity
IDN
IDN
MIND
MIND
Q4 25
0.1%
1.0%
Q3 25
0.4%
1.3%
Q2 25
0.3%
3.0%
Q1 25
0.2%
1.5%
Q4 24
0.2%
0.6%
Q3 24
0.6%
0.8%
Q2 24
0.2%
0.7%
Q1 24
0.2%
0.7%
Cash Conversion
IDN
IDN
MIND
MIND
Q4 25
1.54×
14.42×
Q3 25
-5.99×
-0.60×
Q2 25
Q1 25
1.01×
Q4 24
-2.71×
1.77×
Q3 24
1.33×
Q2 24
-4.98×
Q1 24
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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